What is SkillsFuture Credit?

SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning. All Singaporean aged 25 and above will receive an opening credit of S$500 from January 2016. Your credit will not expire and the government will provide periodic top-ups, so you may accumulate your credit.

Singapore Citizen

Aged 25 yearsand above

Receive S$500initial credit

Korean Classes

Korean Classes eligible to claim for SkillsFuture Credit.

Please notify us if you are using your SkillsFuture Credit to claim for our Korean classes. You will need to register directly with us to enrol for the class. Applying to use your credit does NOT register you for the Korean class.

Frequently asked questions (FAQ)

GENERAL INFORMATION

SkillsFuture Credit is not a cash account, and will not earn any interest. The credit can be used to pay for out-of-pocket course fees for attending approved courses. You cannot withdraw cash from this account to pay your training provider as the transaction will be made directly through Skillsfuture.sg/Credit.

Many skills-related courses are already highly subsidised by the government to ensure that training costs are affordable. The credit can be used on top of existing course fee subsidies provided by the government. The government will make periodic top-ups to Singaporeans’ SkillsFuture Credit accounts.

SkillsFuture Credit is for Singaporeans who have already completed their full-time education and are ready to start their careers, or who are already in the workforce. It allows them to invest in their continual learning journey.

No. SkillsFuture Credit supports individual-initiated training. It is not intended to pay for job-related training provided by your employer, which should continue to be borne by your employer. Many skills-related courses are already highly subsidised by the government.

You should cancel your claim submission by logging in to your SkillsFuture Credit account at SkillsFuture.sg/Credit before the course start date and SSG will return the credit to your SkillsFuture Credit account. If you encounter technical problems cancelling your claim submission, please contact the SkillsFuture Hotline for further assistance.

You can use your credit to pay for or offset the course fees of approved courses found in TrainingExchange.

With effect from 19 May 2017, SkillsFuture Credit payment will be made directly to the training provider under the default payment mode for all courses, except for MOOC offered by overseas training providers. You can submit your claim within 60 days before the course start date.

When making claims, you should inform the training provider on your intention to use your SkillsFuture Credit. You must then submit the claim via the SkillsFuture.sg/Credit.

For MOOC offered by overseas training providers, you are required to pay the gross course fees upfront to the training providers and submit the claim for reimbursement of SkillsFuture Credit to yourself within 60 days before and 90 days after course start date.